*The Levelized Cost of Electricity Generation is the discounted lifetime cost ofownership and use of a generation asset, converted into an equivalent unit of cost of generation in £/MWh.
This statistic shows the estimated levelized costs for renewable energy sources in the United Kingdom (UK) from 2016 to 2030. The levelized costs for Solar PV are expected to fall from ** British pounds per megawatt hour in 2016 to ** British pounds per megawatt hour by 2030.
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UK Department for Business, Energy and Industrial Strategy. (November 29, 2016). Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)* [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/
UK Department for Business, Energy and Industrial Strategy. "Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)*." Chart. November 29, 2016. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/
UK Department for Business, Energy and Industrial Strategy. (2016). Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)*. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/
UK Department for Business, Energy and Industrial Strategy. "Estimated Levelized Costs of Renewable Electricity Generation in The Uk from 2016 to 2030, by Energy Source (in British Pounds per Megawatt-hour)*." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Nov 2016, /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/
UK Department for Business, Energy and Industrial Strategy, Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)* ÌÇÐÄÆƽâ°æ, /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/ (last visited July 27, 2026)
Estimated levelized costs of renewable electricity generation in the UK from 2016 to 2030, by energy source (in British pounds per megawatt-hour)* [Graph], UK Department for Business, Energy and Industrial Strategy, November 29, 2016. [Online]. Available: /statistics/974081/estimated-levelized-cost-of-electricity-generation-uk/
